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ERIC / Ericsson Looks Like A Value Trap Unless It Can Transform Its Enterprise Operations

Lackluster demand for 5G equipment has pressured the business throughout 2023 and the next 12-24 months aren't looking substantially better either. The company's other businesses, including CSS and Enterprise, are unlikely to offset the decline in the Networks business, though losses are shrinking in both. Ericsson may need to consider M&A to reshape the business and improve its leverage to growth opportunities in enterprise end-markets. Read More

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ERIC

Posted: Sep 27 2023, 13:35

Author Name: Seeking Alpha

ERIC News

By Zacks Investment Research
October 17, 2023

Ericsson's (ERIC) Q3 Earnings Match Estimates, Revenues Fall

Ericsson (ERIC) reports lower revenues year over year for the third quarter of 2023 due to declining trends in the Networks vertical.

By InvestorPlace
October 17, 2023

Why Is Ericsson (ERIC) Stock Down 4% Today?

Ericsson (NASDAQ: ERIC ) stock is sliding lower on Tuesday after the telecommunications company released its earnings report for the third quarter of

By CNBC International TV
October 17, 2023

Ericsson CEO: U.S. demand down almost 50%

Börje Ekholm, CEO of Ericsson, discusses third-quarter earnings and explains the company's strategy behind its acquisition of communications company,

By Barrons
October 17, 2023

Ericsson Curtails Guidance Amid an Uncertain 2024. The Stock Tumbles and Nokia Falls Too.

Ericsson's decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.

By Market Watch
October 17, 2023

Ericsson shares drop on profit warning as NetScout stock slides on outlook cut

Tempest Therapeutics TPST, +85.16%, whose stock has gained 2710% over the last five days, saw its stock rise by 8% in premarket trade.

By Market Watch
October 17, 2023

Ericsson shares drop as telecom equipment maker withdraws 2024 guidance

Shares of Ericsson fell as much as 9% in Stockholm trade as the Swedish telecommunications equipment maker withdrew its margin guidance for next year.

By Zacks Investment Research
October 12, 2023

Ericsson's (ERIC) Q3 Preliminary Results Show Revenue Slowdown

Ericsson's (ERIC) third-quarter 2023 top line is impacted by weak demand in North America and a slowdown in Vonage's core market.

By Market Watch
October 11, 2023

Ericsson unveils $3 billion charge and downbeat sales outlook, and stock takes a dive

The U.S.-listed shares ERIC, -1.96% ERIC.B, -0.71% of Ericsson accelerated to the downside in afternoon trading Wednesday, after the Sweden-based make

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